Markets

The last of the week’s big new issues hit the screens on Thursday.

The municipal market will scrutinize the impact of the ultimate contract deal on the school district's books and the city's fiscal burdens.

California's largest-ever competitive taxable deal, which followed two upgrades, drew 10 or more bidders for each tranche.

While the economic indicators released on Thursday suggested a weakening economy, a deeper dive by analysts offers a different view.

The top municipal bond counsel saw $265.58 billion of business in the first three quarters of 2019, more than the $237.49 billion the firms did in the same period last year.

Supply surged into the municipal market on Wednesday with California and New York issues taking top spot.

While the economy continues to expand “at a slight to modest pace,” those surveyed lowered their outlooks for growth over the coming year, according to the Fed's Beige Book.

The state will take competitive bids on $750 million of general obligation bonds next month.

The Financial Industry Regulatory Authority's 2019 Report on Examination Findings, released Wednesday, discussed violations FINRA personnel discovered.

The two active municipal bond insurers benefited from the issuance boom in the third quarter, as the industry penetration rate rose slightly despite the fact that interest rates are going back down.